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mars1129 [50]
3 years ago
10

The statement of cash flows is: Multiple Choice Another name for the statement of financial position. A financial statement that

presents information about changes in equity during a period. A financial statement that reports the cash inflows and cash outflows for an accounting period, and that classifies those cash flows as operating activities, investing activities, or financing activities.
Business
1 answer:
Iteru [2.4K]3 years ago
3 0

Answer: A financial statement that reports the cash inflows and cash outflows for an accounting period, and that classifies those cash flows as operating activities, investing activities, or financing activities.

Explanation:

The Statement of Cashflows is a very important financial statement in a company because it shows the actual amount of cash that the company has.

It does this by reporting cash inflows and outflows which are deducted from the inflows.

The transactions are classified into three(3) groups being: Operating, Investing and Financing activities depending on the nature of the transaction.

Financing activities for instance are for transactions related to Capital such as Equity and debt.

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The ________ stage of the product development process often requires the design of after-sales processes such as maintenance, wa
Otrada [13]

Answer:

D) Technology selection for product development

Explanation:

Product development refers to addition of new attributes and and additional benefits to a product so as to provide more value to the customers.

Product development may involve modifying an existing product or formulating an entirely new product.

Technology selection would refer to choosing the technology whether existing or advanced technology. While an advanced technology would improve a product substantially, it is also risky to forego the familiar technology i.e in the form of machines.

8 0
4 years ago
Bailey Furniture Company has prepared the following flexible budget for April and is in the process of interpreting the variance
Grace [21]

Answer:

See notes below

Explanation:

Rate variance

The rate variance is the  the difference between the standard labor cost of the actual hours paid for and the actual cost.

<em>Possible reasons:</em>

An increase in wage rate

Skilled workers were as against using the unskilled workers planned for

Efficiency variance

Labour efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours allowed for same multiplied by the standard labour rate

<em>Possible reasons:</em>

The use of skilled workers who worked faster than the unskilled workers planed for

The workers were trained making them more efficient in saving time

3 0
3 years ago
Which of the following would be counted in this year's GDP
emmasim [6.3K]

Answer:consumption, investment, government consumption and gross investment, and net exports.

Explanation:

8 0
3 years ago
Welfare is a general term for economic and social assistance programs.
faltersainse [42]

Answer:

True

Explanation:

The United States has six major welfare programs: TANF, Medicaid, CHIP, SNAP, EITC, Supplemental Security Income, and housing assistance.

3 0
4 years ago
Alicia sold her personal residence to Rick on June 30 for $295,000. Before the sale, Alicia paid the real estate tax of $4,425 f
schepotkina [342]

Answer:

$291,460

Explanation:

Data provided in the question:

Purchasing cost of the personal residence = $295,000

Real estate tax paid by Alice before the sale  = $4,425

Property tax allocated to Alicia = $885

Property tax allocated to Rick = $3,540

Now,

Rick's basis in the residence will be

= Purchase cost - Property taxes allocated to Rick

= $295,000 - $3,540

= $291,460

7 0
3 years ago
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